How to Buy 10x Genomics Stock
10x Genomics Inc
10x Genomics, Inc. , a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in North America, Europe, the Middle East, Africa, China, and the Asia Pacific.
10x Genomics stock last closed at $7.68, up 2.26% from the previous day, and has decreased 72.37% in one year. It has underperformed other stocks in the Health Information Services industry by 0.02 percentage points. 10x Genomics stock is currently +13.27% from its 52-week low of $6.78, and -73.85% from its 52-week high of $29.37.
At the moment, there are 122.3M shares of TXG outstanding. The market cap of TXG is $939.28M. In the last 24 hours, 6.99M TXG shares were traded.
How to Buy 10x Genomics Stock
Wondering how to invest in 10x Genomics stock? Here's how.
- Decide where to buy 10x Genomics stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy 10x Genomics stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Research 10x Genomics stock: The 10x Genomics ticker symbol is TXG. Is 10x Genomics stock a good investment? Should you buy shares of TXG? How do TXG's underlying business fundamentals look? Do top analysts think 10x Genomics is a good buy? Why has TXG's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TXG is a good stock to buy).
- Make your TXG purchase: Decide if you will purchase TXG shares at the current market price or use a limit order to buy TXG stock at a given price.
- Track your TXG position: Create a watchlist to monitor your new investment in 10x Genomics stock.
Step 1: Decide where to buy 10x Genomics stock
You will need an online brokerage account to access the NASDAQ market and buy TXG shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you can buy TXG stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on stock market apps, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Research 10x Genomics stock
Once you have selected the best place to buy 10x Genomics stock, it's important to research their stock prior to investing, so you can understand the risk as well as the upside.
10x Genomics shares quick numbers
10x Genomics Overview
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TXG's stock page.
Is TXG stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge TXG's intrinsic value.
Using relative valuations metrics:
- TXG may be undervalued based on its P/B ratio of 1.32x, relative to Health Information Services industry P/B ratio of 3.29x
You can do more valuation research on TXG's stock here.
TXG Financial Summary
Signs that TXG is financially healthy:
- Total TXG debt is lower than 5 years ago, relative to shareholder equity.
- TXG has $393.40M in cash and short term investments. This is enough to cover its annual cash burn of $5.73M.
- TXG has a low debt to equity ratio of 0.29.
- There are more short-term assets than short-term liabilities on the TXG balance sheet.
- TXG has cash burn of 5729000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the TXG balance sheet.
Signs that TXG is not financially healthy:
- TXG profit margin has gone up by 0.11 percentage points in the past year, but the company is still unprofitable.
Do analysts think it's a good time to buy 10x Genomics stock
Out of 9 sell side analysts who track TXG, the consensus analyst rating on TXG is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest TXG Analyst Forecasts
Dan Leonard, a top 9% analyst from UBS maintains TXG with a hold rating and lowers their TXG price target from $20.00 to $14.00, on Feb 13, 2025.
Daniel Arias, a top 25% analyst from Stifel Nicolaus maintains TXG with a strong buy rating and lowers their TXG price target from $21.00 to $18.00, on Feb 13, 2025.
Mike Kratky, a top 10% analyst from Leerink Partners downgrades TXG to a hold rating and lowers their TXG price target from $25.00 to $12.00, on Feb 13, 2025.
Matthew Sykes, a top 7% analyst from Goldman Sachs maintains TXG with a strong sell rating and lowers their TXG price target from $16.00 to $14.00, on Oct 30, 2024.
You can dig deeper into what analysts are projecting on the 10x Genomics stock forecast page.
TXG Momentum
Is TXG Growing Revenue?
Last year, TXG revenue was $610.79M. Over the past 5 year, TXG's revenue has increased by 19.96% per year. This was slower than the Health Information Services industry average of 22.41%.
You can research TXG's earnings and revenue performance here.
Are TXG insiders buying or selling the stock?
In the last year, insiders at TXG have bought more shares than they have sold.
Serge Saxonov, Chief Executive Officer of TXG, was the latest TXG insider to buy. They bought $60,000.00 worth of TXG stock on Mar 4, 2025.
Dig into more about who owns TXG stock here.
Can I get consistent income from TXG stock?
No, 10x Genomics doesn't provide an income stream by paying out dividends.
What others are saying about TXG
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your TXG purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and your broker will place the order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Track your TXG position
Now that you own some TXG stock, you'll want to keep up with your investment.
Add TXG to a watchlist to get the latest updates about your TXG stock.
TXG Feed
How to Buy Stock in 10x Genomics
To summarize, here are the 6 steps to buy stock in 10x Genomics:
- Decide where to buy 10x Genomics stock
- Open a brokerage account
- Deposit funds into your investment account
- Research 10x Genomics stock
- Make your TXG purchase
- Track your TXG position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in 10x Genomics, create a watchlist on WallStreetZen today.
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